TotalEnergies Canadian spinoff raises its stake in the Fort Hills oilsands project to 31%

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TotalEnergies Canadian spinoff raises its stake in the Fort Hills oilsands project to 31%
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TotalEnergies\u0027 Canadian spinoff has raised its stake in Alberta\u0027s Fort Hills oilsands project to 31 per cent from 21 per cent. Read on.

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Teck announced last year that it would sell its 21.3 per cent stake in Fort Hills to Suncor Energy Inc., the third partner in the project, for about $1 billion.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.

It says the acquisition of an additional interest in Fort Hills helps build TotalEnergies EP Canada for the future.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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